WCPB vs. VPLS

Last updated Jul 17, 2026

WCPB (Weitz Core Plus Bond ETF) and VPLS (Vanguard Core-Plus Bond ETF) are both Intermediate Core-Plus Bond funds. Both are actively managed. Their correlation of 0.94 suggests significant overlap in exposure. WCPB charges 0.45%/yr vs 0.20%/yr for VPLS.

Performance

WCPB vs. VPLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Weitz Core Plus Bond ETF (WCPB) and Vanguard Core-Plus Bond ETF (VPLS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WCPB achieves a 1.31% return, which is significantly higher than VPLS's 0.68% return.

WCPB

• 1D: 0.04%
• 1M: -0.18%
• 6M: 0.60%
• YTD: 1.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VPLS

• 1D: -0.04%
• 1M: -0.45%
• 6M: 0.26%
• YTD: 0.68%
• 1Y: 4.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

WCPB vs. VPLS - Yearly Performance Comparison

	2026 (YTD)	2025
WCPB Weitz Core Plus Bond ETF	1.31%	3.01%
VPLS Vanguard Core-Plus Bond ETF	0.68%	2.69%

Correlation

The correlation between WCPB and VPLS is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 13, 2025	0.94

Return for Risk

WCPB vs. VPLS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WCPB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

VPLS

VPLS Risk / Return Rank: 46
VPLS Sharpe Ratio Rank: 48
VPLS Sortino Ratio Rank: 50
VPLS Omega Ratio Rank: 46
VPLS Calmar Ratio Rank: 43
VPLS Martin Ratio Rank: 42

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WCPB vs. VPLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Weitz Core Plus Bond ETF (WCPB) and Vanguard Core-Plus Bond ETF (VPLS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	WCPB	VPLS	Difference
Sharpe ratio: Return per unit of total volatility	—	1.38	—
Sortino ratio: Return per unit of downside risk	—	2.02	—
Omega ratio: Gain probability vs. loss probability	—	1.25	—
Calmar ratio: Return relative to maximum drawdown	—	1.81	—
Martin ratio: Return relative to average drawdown	—	5.52	—

Drawdowns

WCPB vs. VPLS - Drawdown Comparison

The maximum WCPB drawdown since its inception was -2.64%, smaller than the maximum VPLS drawdown of -4.17%. Use the drawdown chart below to compare losses from any high point for WCPB and VPLS.

Drawdown Indicators

	WCPB	VPLS	Difference
Max Drawdown Largest peak-to-trough decline	-2.64%	-4.17%	+1.53%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.72%	—
Current Drawdown Current decline from peak	-0.67%	-1.17%	+0.50%
Average Drawdown Average peak-to-trough decline	-0.57%	-1.01%	+0.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.89%	—

Volatility

Volatility by Period

	WCPB	VPLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.02%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.84%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.86%	3.59%	+0.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.86%	4.57%	-0.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.86%	4.57%	-0.71%

WCPB vs. VPLS - Expense Ratio Comparison

WCPB has a 0.45% expense ratio, which is higher than VPLS's 0.20% expense ratio.

Dividends

WCPB vs. VPLS - Dividend Comparison

WCPB's dividend yield for the trailing twelve months is around 3.58%, less than VPLS's 4.78% yield.

Position	TTM	2025	2024	2023
VPLS Vanguard Core-Plus Bond ETF	4.78%	4.78%	4.52%	0.18%
WCPB Weitz Core Plus Bond ETF	3.58%	1.19%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WCPB and VPLS in my portfolio?

With a correlation of 0.94, WCPB and VPLS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, WCPB or VPLS?

On fees, VPLS is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WCPB or VPLS?

VPLS is cheaper with a 0.20% expense ratio, compared with 0.45% for WCPB.

Which ETF pays a higher dividend yield, WCPB or VPLS?

VPLS has the higher dividend yield at 4.78%, compared with 3.58% for WCPB.

What is the main difference between WCPB and VPLS?

They also come from different issuers: Weitz and Vanguard. Their fees differ too: 0.45% for WCPB and 0.20% for VPLS.